Listing courtesy of Ray Ault, Ault Commercial Realty, Inc. RayAultVt@gmail.com
198 North Main Street, #C-4, Rutland City, VT, 05701
1974
1,396 sqft
Attractive 1,396 sf 2nd Floor Professional Office Condominium at Pond Meadow Park in excellent high-traffic location with plenty of on-site parking (30 cars + or -), beautifully landscaped grounds and pastoral views across Tenney Brook. Currently configured as a 4-room law office: reception, conference room, large private office, plus smaller adjacent office, plus storage room. Additionally Unit C-4 shares with other Units in bldg as "Limited Common Area" a large well-appointed client lounge with lots of natural light and a common break-room. Owner successfully appealed the Property Tax Assessment from $116,100 to the current $67,500, reducing the annual tax from $4,738 to the current $2,755. Condo Association recently replaced the furnace, and upgraded the entry walkway, hallway and restrooms,...and installed insulated glass windows all around except in Unit 3. Subject unit has an undivided 6.59% interest in the land, and a 20% interest in the Commercial Office Bldg. Some office furnishings and equipment are available at an additional negotiable cost. Owner will seriously consider all offers!...Note: Although currently 2nd floor walk-up units, the Condo Association Board of Directors is on record having voted to allow either or both owners of Suites C-4 and C-5 to install at their sole expense a glass-enclosed chair lift from 1st floor to 2nd floor via the existing atrium modified to accommodate same, thereby making 2nd Floor handicapped accessible.
Status:
Active
Type:
Commercial
Zoning:
GB-NMS Business
Frontage:
200
Heating:
Baseboard, Hot Water, Oil
Parking:
On-Site, Parking Spaces 21+, Paved
Acreage:
1.43
Est. Taxes:
$2,755
Assessment
$67,500
Construction
Wood Frame,Wood Siding
MLS #:
5071198